$BTC BTC crash is about to start! The first round of decline targets 89000!š„
Shocking warning: BTC's sharp drop has quietly begun!
After the non-farm payroll data released on May 2, BTC briefly broke through 97800 but immediately encountered significant momentum weakness, quickly falling back to the 92800-95700 range, with a decline of over 4300 dollars. The current breakthrough is quite difficult, market sentiment has weakened, and the downward trend in the future seems almost certain.
Key level warnings:
95700: This is the key resistance level. If not broken, further decline may continue. Shorting can be done at this position.
92800: Strong support level. Once broken, the next target is 90000, or even the 88000-89000 area. The first round of decline is expected to stop here.
Short-term strategy:
If 95700 is not broken, shorting can be done nearby, with profit-taking at 92800.
If it breaks below 92800, then continue to hold short, targeting around 90000.
Operate flexibly according to market changes